AI Funding refers to the financial resources provided to support the development and advancement of artificial intelligence technologies and research. This funding can come from various sources, including government grants, private investments, venture capital, and corporate funding. The primary purpose of AI funding is to enable startups, established companies, and research institutions to innovate, create new AI applications, conduct research, and accelerate the commercial adoption of AI solutions. AI funding plays a crucial role in fostering innovation, facilitating collaboration among researchers and industry practitioners, and driving advancements in AI capabilities across different sectors.
Haverhill, Massachusetts, is setting its sights on the future with an impressive new initiative. The city government is eager to tap into significant state funding recently established to boost sectors…